Ely Real Estate Market
The median sale price for homes in Ely over the last 12 months is $78,000.
The median mortgage debt is $51,793.
Ely, MN Price Trends - Sold vs. Listed
The median list price in May for single family homes in Ely is $224,900. The list prices increased by 11.08% from the previous month.
The price per square foot for listings in this area is $214.
The median sale price in February for single family homes is $40,000. The sale prices dropped by -73.68% from the previous month.
The price per square foot for sales in this area is $130.
Ely, MN Property Ownership
The percent of owner occupied properties in Ely is 11.27% below the national average.
The percent of rental properties in Ely is 12.18% above the national average which is typical for urban areas.
Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.

